Ex-Dolphin Owed $1.5M From Botched Island Sale: 3rd Circ.

Law360, New York (December 17, 2013, 7:40 PM EST) -- In a precedential ruling, the Third Circuit found Monday that a contractual provision requires the return of a $1.5 million deposit made by former Miami Dolphin Jason Taylor as part of a failed land deal in the U.S. Virgin Islands, reversing a lower court's decision.

Taylor made the payment as part of a joint venture with Florida real estate investor Robert Addie and financial adviser Jorge Perez to purchase an island in the U.S. Virgin Islands from Christian Kjaer and six of his relatives, but the...
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Case Information

Case Title

Robert Addie, et al v. Christian Kjaer, et al


Case Number

11-2419

Court

Appellate - 3rd Circuit

Nature of Suit

3290 Other Real Property Actions

Date Filed

May 27, 2011


Case Title

Robert Addie, et al v. Christian Kjaer, et al


Case Number

11-2485

Court

Appellate - 3rd Circuit

Nature of Suit

3290 Other Real Property Actions

Date Filed

June 6, 2011


Case Title

Robert Addie, et al v. Christian Kjaer, et al


Case Number

11-2527

Court

Appellate - 3rd Circuit

Nature of Suit

3290 Other Real Property Actions

Date Filed

June 9, 2011

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